Tag: Looney

BP Plc chief executive officer Bernard Looney has resigned with immediate effect over the failure to fully disclose past relationships with colleagues.He will be replaced on a interim basis by chief financial officer Murray Auchincloss, the company said in an emailed statement on Tuesday.“Looney has today informed the company that he now accepts that he was not fully transparent in his previous disclosures,” according to the statement. “The company has strong values and the board expects everyone at the company to behave in accordance with those values.”BP American...